Generation Y, that group of young 'uns who are just starting to earn enough money to buy new cars, wants it all. They want vehicles full of gadgets. They don't want to haggle on price. They want cars with personality, great styling and cheap prices.

Last year so-called "netbooks" crept into stores computers that often cost less than $400, with small screens and keyboards that made them look Lilliputian next to laptops that seemed perfectly portable just months earlier.

Britons registered 23 percent fewer new cars this October than they did in the same month last year as the economic downturn discouraged people from buying new cars, Britain's car manufacturing society said Thursday.

Carmaker BMW AG said Tuesday net profit for the third quarter dropped 63 percent as the global economic turmoil made consumers more reluctant to shell out for its sports and luxury cars and credit costs made it difficult for consumers and the company to borrow.

Luxury automaker BMW AG said Wednesday it will cut another 5,600 jobs by the end of 2008, on top of 2,500 other positions that have already been eliminated, as it moves to pare expenses amid a wider cost-cutting program.

Luxury carmaker BMW said Wednesday it will cut another 5,600 jobs by the end of 2008, on top of 2,500 other positions that have already been eliminated, as it moves to pare expenses amid a wider cost-cutting program.

Luxury automakers BMW, Audi and Mercedes reported healthy sales increases for August on Friday, but Harley-Davidson lowered earnings expectations for the year due to a "difficult time for the U.S. consumer," Chief Executive Jim Ziemer said.